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Pastimes : QQQ & DIA - chat & chart
QQQ 632.08+0.5%Nov 3 4:00 PM EST
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To: Jon Khymn who wrote (727)9/22/2003 8:15:46 PM
From: James F. Hopkins  Read Replies (1) of 795
 
I think the foreign money pulled out of stocks a year ago..
and got into bonds. If the dollar keeps falling our stocks
will look cheaper to them than to us.
---
For years I've believed that the big money traders
accumulate stocks with cheap dollars and distribute
stocks when the dollar is high.
---
The little retail trader panics and often does just the opposite,
and that's part of what the money swapers take advantage
of.
---
If we don't get some sort of TOBIN TAX on big money
swaps , the Hedgemonic gang will eventually screw
every one not in their club until something like the
French Revolution turns the cards on them.
---
As for the FED, well the vultures are fighting
the Fed cuts, you can see that recent rise in rates,
if they sell enough bonds cheap enough I expect
the Fed may buy some back; with cheap
dollars.
---
I see no way out but to inflate, or have a revolution
if we inflate every thing will cost more
including stocks.
Jim
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